Risk Management in International Trade

Ref : BM0059GH03

Theme : Exporting

Contributor : Geoff Heels

Geoff Heels is a UK graduate and a French post-graduate in International Business. He is a former export manager and international business consultant and educator. He is currently Director of the International Business School at Blaise Pascal University in Clermont Ferrand, France and is also a visiting professor in many universities worldwide.

Video Summary

What are the main risks involved in international trade and what are their potential consequences.

Learning Objectives

- Identify different risks in an international transaction
- Evaluate the possible consequences
- Understand why risk management is an essential part of international business

Key Words

risk management, loss, cover payment, international transactions, consequences, international business